According to a new report published by Allied Market Research, titled, “Footwear Market by Type, Material, End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020 – 2027,” the global footwear market size was valued at $365.5 billion in 2020, and is projected to reach $530.3 billion by 2027, registering a CAGR of 5.5% …
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Footwear Market Size, Share Growing At a CAGR of 5.5% From 2022 to 2031, is Projected to Reach $530.3 Billion by 2027
The global footwear market is expected to witness significant growth due to evolving athleisure trends and 3D printing & customization of footwear. Moreover, rise in trend of online sale of footwear products is anticipated to boost the overall revenue of the industry.” According to a new report published by Allied Market Research, titled, “Footwear Market by …